Ping An Bank announces 2024 equity distribution plan

Ping An Bank (SZSE:000001) has announced the implementation of its 2024 annual equity distribution plan, approved at the shareholder's meeting on May 23, 2025. Shareholders will receive a cash dividend of CNY 3.6200 per 10 shares based on the total share capital of 19,405,918,198 shares. For Hong Kong market investors, overseas institutions (including QFII and RQFII), and individual investors with pre-initial public offering restricted shares, the dividend will be CNY 3.2580 per 10 shares after tax. Differential tax rates will be applied to individual income tax on dividends from post-initial public offering restricted shares, equity incentive restricted shares, and unrestricted shares, with the bank withholding taxes and calculating the taxable amount upon stock transfers. The equity registration date is June 11, 2025, and the ex-right and ex-dividend date is June 12, 2025. The cash dividend for A-share shareholders will be directly transferred to their capital accounts through custodian securities firms on June 12, 2025.